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Orderflow

SPY Order Flow - Script Fires Rare Signals Of Buying FatigueHey traders, Brace yourself for today's short and sweet insights on the use of the OFA script. So, SPY has been levitating around the year highs... However, as order flow traders, we don't marry to the long bias if the script sends the opposite signals. What we care about is looking for the hidden signals not easily visible on a clean chart By adding the OFA script, you could have called the back-to-back exhaustions, signaled via the DIAMOND patterns. If then you applied my prop entry signal (around structure breakouts), it would have offered a very respectable risk reward... Remember, when using the OFA script, it comes with highly accurate signals that, at its core, apply 2 main areas of study: Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude? Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
AMEX:SPY
by FlowState
2
V2.0 | 22R Gold Long Swing Trade | Smart Money Concepts/ICTThis is an updated plan for the macro Cup & Handle breakout Previous setup for the 30R Gold long didn't play out; the unconfirmed SMT divergence didn't get confirmed and there was no impulsive move away. The stop loss is larger due to the entry location. Not financial advice but if this trade idea inspires you, you could use an even bigger stop to avoid potentially getting stopped out by an errant news spike. 22:1 risk reward sounds cooler though doesn't it? SMT divergence in this setup between Gold & Silver has been confirmed this time; stops were swept on one pair but not on the other, before rallying upwards and creating a higher high on the daily timeframe. In theory the swing where stops were swept SHOULD hold now.
OANDA:XAUUSDLong
by SmartMoneyConceptsOnYouTube
NASDAQ ORDER FLOWThis is what I think about US100 - missing order around 990$ ( I know that is UNIMAGINABLE to reach there again but it is what it is) - clearing orders at 1100$ -There is no sign of engulfing in top in higher scales Therefore, i bilievethat price could swing from those 2 levels that pointed on chart ( BEARISH OB OR ORFL). Attention The key of success in trading is how you manage your risk and your self, so this chart could not help you if you are unable to DO them!
UShort
by sinaesm
17
EURJPY - AS EXPECTED, WAIT FOR THE SHIFT!Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m) There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be vigilant and enter shorts ONLY when confident the environment is changing. I will post further updates as necessary, good luck! Best wishes, Jake
Long
by jmw2000
2
FOREX ORDER EXECUTION AND STOP LOSS Stop losses are a risk management tool that traders use to mitigate potential losses in volatile markets. However, understanding how stop losses work can be complex, especially when considering the different business models of brokers. The broker's business model can significantly impact the execution of a stop loss. Typically, brokers operate under one of two models: the A-Book mode l or the B-Book mode l. This might also be referred to as a non-dealing desk or dealing desk brokers. Under the A-Book model (Non dealing desk), a broker routes orders directly to liquidity providers who source counterparties to take the opposite side of the trade. In contrast, the B-Book (Dealing desk/Market Makers) model involves executing orders in-house, making the broker the counterparty to all trades. While the A-Book model provides a neutral intermediary between traders and liquidity providers, the B-Book model can lead to a conflict of interest, as the broker profits from traders' losses. Furthermore, the A-Book model may not guarantee stop-loss execution since it relies on liquidity providers to fill orders. On the other hand, the B-Book model can lead to faster order execution, but at the expense of the broker's credibility. It's essential to understand the order execution process when placing a stop loss order. For example, when a trader inputs an order to buy or sell, the broker processes the order and returns execution information to the trader's terminal. However, the execution of stop losses is not always guaranteed since orders can experience slippage due to price movements or liquidity issues. It's worth noting that some brokers offer guaranteed stop losses, but at an additional cost. This guarantee ensures that traders are not responsible for any losses beyond their requested exit price. However, traders should weigh the costs and benefits of this option before utilizing it. In conclusion, stop losses are a critical tool for managing trading risk, but they are not foolproof. A trader's ability to exit a position at a specific price is subject to various factors, including the broker's business model and liquidity issues. To make informed decisions when placing stop loss orders, traders should research and understand the broker's order execution process beyond the liquidity provider. In a future post, we will dive deeper into order execution from the A-Book broker broker's perspective and explore how it impacts traders. We will also speak on STP and ECN processing. Stay tuned for more insights and information on trading practices and strategies.
BITSTAMP:ETHUSDEducation
by ChristopherDownie
ETHUSDT Trading Plan---X--- : Potential reversal square : demand and supply The analysis is based on ORDERFLOW. The trend structure in H4 is bull , so we are going to entry long positions before becoming bear . We could identify some demand and supply zones by orderblock regarded as a large-scale buy or sell zone . It was mentioned above , the trend is a going up , therefore we will hardly entry short positions , ALWAYS FOLLOW THE TREND . There are 2 opportunities to trade Long : 1675.74 SL : 1653.23 TP : 1886.46 RR=9.36 Long : 1632.18 SL : 1610.31 TP : 1886.46 RR=11.63 if price goes to the yellow line before reach our limit orders, the trades should be cancelled .
Long
by khlin712